Guest Post by Jim Quinn at the Burning Platform:
GOLD PRICE vs. S&P 500 THIS CENTURY
Gold – Yellow line
Blue – S&P 500 line
https://www.macrotrends.net/2608/gold-price-vs-stock-market-100-year-chart
We all know the Wall Street cabal and their mouthpieces at CNBC, Bloomberg, and Fox Business always tell you it’s the best time to buy stocks. Stocks for the long-run always works. Only fools would buy gold rather than stocks. They openly scorn gold and ridicule those they mock as “goldbugs”. They never talk about the ever depreciating dollar, as relentless inflation make the USD worth less each and every day.
Since January 1, 2000 the S&P 500 is up 287%. That’s not a bad return over 24 years. In the 10% range per year. Vanguard, Blackrock and the rest of the financial services industry blare this data constantly. Of course, your return is reduced by 1% to 2% per year by the fees they siphon from your accounts. They also tout the huge winners like Nvidia, Tesla, Apple, etc. after the fact, showing spectacular returns.
What you never see or hear is gold being up 687% over the same time frame as the S&P 500, since January 1, 2000. You would think CNBC and the rest of the regime media would be screaming about what a tremendous investment gold is for the average investor. How could they miss the investment of the century? It’s because the regime can’t let the masses know the dollar is slowly dying and higher gold prices reveals their failure.
Owning physical gold in your possession will cost you maybe 3% when you buy and 3% when you sell, rather than 1% to 2% per year for the last 24 years.
I’m sure gold haters will hate these unequivocal facts. But anyone who has owned gold since 2000 has done far better than a buy and hold stock investor. I began buying in 2004 after reading Richard Russell’s daily newsletter and have been adding sporadically ever since. Them’s the facts, ma’am.
